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Wow! BoJ ignored IMF warnings last night - UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Despite that the BoJ stayed put, analysts at UOB group noted that the IMF warned that the BoJ should seriously consider further easing.

    For an insight to the recent BoJ meeting, see here (BoJ: Little clues on further easing by month-end).

    Key Quotes:

    "The IMF also trimmed Japanese growth forecasts for this and the next year to 0.6% and 1.0% growth respectively. That compares with previous projections that had called for an expansion of 0.8% and 1.2% respectively."

    For an insight to the recent BoJ meeting, see here (BoJ: Little clues on further easing by month-end).
    For more information, read our latest forex news.
     

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